It’s what cheerleaders do best — chant team slogans and optimistic phrases to psyche up the home team.
Here’s a slogan I see peppered throughout financial message boards, particularly in threads that dare criticize cryptocurrencies:
You can’t efficiently transact with [BitCoin], but the same is true with stocks
A bit of paraphras… Read more
Three cryptocurrency articles in one week.
It’s hard to ignore cryptocurrencies when given another historic opportunity to witness mass hysteria in real-time, this time in a field that I’ve essentially studied my entire life (computers, math and engineering).
Only in the past decade or so I dedicated more time to study psychology to comple… Read more
Coincidentally a week after my prediction that governments would use the bursting of the crypto bubble as a scapegoat for continued bad economic policy and the unraveling of all other debt-fueled bubbles, RT releases a report on Saxo bank’s prediction that Russia and China are on board with that plan.
… Read more
“The rise of bitcoin and other cryptocurrenci
This image has been making its way around the Internet to recruit fresh blood into the BitCoin pyramid scheme. Its prey: those that aren’t thinking for themselves and are looking for a way to get rich quick with no effort. It targets people easily persuaded by news of others making easy money, and a meme like this gives them comforting rationalizatio… Read more
I posted a video a couple of weeks ago that shows Jonathan Haidt discussing Jean Twange’s findings that Facebook and social media in general have led to disturbing trends in social decay, and in particular the increase in anxiety and depression amongst its users:
The funny thing about this event is that people all over the world have a hard for-or-against opinion on it, despite it being an issue isolated to America, and despite it being an issue that won’t end the world. It shows how far the social media bubbles lead to everyone just parroting each other for in-group affirmation and being unable to have a neutra… Read more
Beginning December 18, the postmodern technocrats at the helm, a.k.a. your moral arbiters, are going to double-down on their efforts to shut people up, because apparently they know what’s good for everyone and you don’t.
The good news is that Twitter is being open about their efforts and that you, a possible Twitter user, can preemptively sto… Read more
Please do some more research […] when the LN (Lightening (sp) Network) comes out it will address these issues and maintain the 1mb block size which will help it remain decentralized.
The lightening (sp) network coming soon will solve many current problems with Bitcoin.
I don’t think you understand.
“I don’t think you understand… Read more
I’ve repeatedly written about how Facebook and Twitter “likes” cultivate mob mentality, while also being the primary feedback loop retaining users addicted to the tiny doses of affirmation.
A macro-scale consequence of “likes” is that facts and logic have taken a back seat to popular opinion. It doesn’t necessa… Read more
Recently leaked screenshots show YouTube’s questionnaires that subjectively determine what videos are acceptable for monetization, and consequently, what videos would appear higher in search and on trending lists. There’s no money after all if a video has no ads, so demonetized videos will generally be suppressed by the search and tre… Read more